It's highly unlikely they are holding any Noront shares so no worries about dumping. You are right however in that this serious problem involving a major player has ramifications for Canadian Junior Exploration companies. It's just not going to be 'business as usual'.

Ordinarily one would just scratch their head over why investors are not fighting to buy Noront at $6 when the potential for $8 is there for next week. However if US Market Index continues to crash next week it could spill over with margin calls etc. so those investors with cash are not going to participate no matter how good the deal looks.

On the plus side we have Noront sitting on an awesome pile of cash with no need to go back to the market to cover exploration expenses. It's hard to find any other company in a similar position.

Noronts list should now be: Nickel, Platinum, Rodium, Gold, Silver, Palladium, Copper AND CASH.